Shareholder Protection

Does Shareholder protection insurance help other shareholders settle any future?

Shareholder protection insurance plays a significant role in safeguarding the welfare of shareholders and facilitating the resolution of potential future problems within a business. It provides financial support to ensure a smooth transition in cases such as the death or serious illness of a shareholder, allowing the remaining shareholders to address the situation effectively. When …

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Who’d be pulling your strings if your business partner died?

In a business partnership, especially in a closely-held company, the death of a business partner can have significant implications for the remaining partners and the business itself. Several scenarios can unfold, depending on the terms of the partnership agreement, legal structures, and any prior agreements in place. Here are some common possibilities:   **Buy-Sell Agreement**: …

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